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Policy instruments for the Green Climate Fund


  • Kris Bachus

    (HIVA, KU Leuven)

  • Kristine Van Herck

    (HIVA, KU Leuven)

  • Lize Van Dyck

    (HIVA, KU Leuven)


This research paper provides an overview of the main international climate finance and governance bodies, such as the Green Climate Fund (GCF), where Belgium was a Board member in 2015. The specific objectives of the study are to provide a comprehensive overview of the financial instruments that a donor can use to make contributions to the GCF taking into account the aim of the GCF and the institutional context (“upstream financial instruments”), the financial instruments that the Board of the GCF and national and regional intermediaries can use to mobilize private finance (“instream financial instruments”) and the financial instruments that the Board of the GCF can use to finance projects (“downstream financial instruments”).

Suggested Citation

  • Kris Bachus & Kristine Van Herck & Lize Van Dyck, 2015. "Policy instruments for the Green Climate Fund," BeFinD Working Papers 0108, University of Namur, Department of Economics.
  • Handle: RePEc:nam:befdwp:0108

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    More about this item


    Green Climate Fund; climate finance; climate flows; climate-related development finance; climate change; UNFCCC;
    All these keywords.

    JEL classification:

    • F35 - International Economics - - International Finance - - - Foreign Aid

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